The interest payments as per the government budget during a year are $R s . 13, 500 c r o r e s$ , which is $30 %$ of primary deficit. Calculate fiscal deficit?

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Solution

Since, interest payments which is 13500 crores is 30 % of primary deficit, then the primary deficit is 45000 crores.
Therefore, fiscal deficit = primary deficit + interest payments = 45000 +13500 =58500 crores.

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The interest payments as per the government budget during a year are Rs.13,500 crores, which is 30% of primary deficit. Calculate fiscal deficit?

Since, interest payments which is 13500 crores is 30 % of primary deficit, then the primary deficit is 45000 crores.Therefore, fiscal deficit = primary deficit + interest payments = 45000 +13500 =58500 crores.

The interest payments as per the government budget during a year are $R s . 13, 500 c r o r e s$ , which is $30 %$ of primary deficit. Calculate fiscal deficit?

Since, interest payments which is 13500 crores is 30 % of primary deficit, then the primary deficit is 45000 crores.
Therefore, fiscal deficit = primary deficit + interest payments = 45000 +13500 =58500 crores.